News

July 15 2016

Important Breaking - EB-5 Regional Center Extension Bill News; Je Suis Nice

Important Breaking EB-5 Regional Center Extension Bill News The Regional Center statute is set to expire on September 30, 2016. Politico reports Congress will probably soon pass a continuing budget resolution until after the election. The Republicans want to extend the budget to March, the Democrats to December. The current EB-5 statute,...

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July 12 2016

More on Redeployment of EB-5 Funds

Last week I wrote about redeploying EB-5 capital from the initial project to another project before the I-829 is granted. An EB-5 developer asked for some clarification including the following: Question: If a project creates the necessary jobs and is sold or refinanced, and the funds are moved to another at...

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July 6 2016

TEA News; New Regulations Timeline; Redeployment

TEA News  Department of Homeland Security Secretary Jeh Johnson said at a Senate hearing on June 30th that new regulations soon to be released will limit targeted employment areas (“TEAs”), which permit a $500,000 EB-5 investment, to eliminate “gerrymandering” districts. Gerrymandering is a term often used to describe oddly shaped political...

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June 20 2016

Investors; China Quota; Immigration in the Media

Investors  With the looming increase in the investment amount, we are seeing many investors looking at projects. There seems to be more non-Chinese investors than in the past. China Quota  The July 2016 Department of State visa bulletin shows no change for investors born in China. Only investors from China with a priority...

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June 8 2016

EB-5 Investment Amount Increase Moves Closer; Legislative Report

EB-5 Investment Amount Increase Moves Closer The U.S. Government’s Office of Management and Budget has again published for the third time on its website a notice of forthcoming rules and regulations. Here is what was posted: DHS is proposing to update its EB-5 regulations to improve clarity by having two distinct regulatory...

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